The former bank employee, Arlando Henderson, was arrested by the FBI on December 4 for stealing over $88,000 in cash from the bank he was employed.

Allegedly, the 29-year-old had access to the bank vault according to United States Attorney’s Office Western District of North Carolina.

Image via Arlando Henderson/Facebook

Henderson stole money from deposits made by the bank’s customers from the vault on at least 18 occasions in 2019, according to the allegations contained in the indictment. He then reportedly deposited some of it at a nearby ATM.

According to authorities, the 29-year old used the stolen funds to make a cash down payment of $20,000 on a 2019 Mercedes-Benz and obtained a car loan for the remaining balance from a separate bank.

The police quickly caught up with him and Henderson was charged with two counts of financial institution fraud, 19 counts of theft, embezzlement and misapplication, as well as 12 counts of making false entries – each carrying a maximum penalty of 30 years in prison along with a $1 million fine per count.